Why should you refinance your mortgage?  That is the big Question? and there are thousands of answers, and they are all dependent on the individual.  You see way back when we lacked knowledge refinance was a bad word.  Mom would kill me if I said the word refinance.  The two major reasons why most people refinance there mortgage is to consolidate there debt, In other world payoff all the creditors you should not be in debt to anyway. In other words you switch masters.  The second reason is to change interest rates, once again all you are doing is changing masters.  Now these are legitimate reasons to refinance your mortgage and if you find a good broker and mortgage company you can put yourself in a financial position that can benefit your family from years to come.  On the same token you can ruin your future and everyone around you.  That's why you must put a lot of thought and planning so that you make the right decision. Why? because the wrong decision leads to What you don't need a Quick Cash Advance, No Fax Payday Loans , Online Cash Advance Until Payday,  Faxless Payday Loans, Best No Faxing Cash Advances, Payday Cash Advance Loans , Payday Advance Overnight Paydayloans , Cash Advance Loan , No Credit Check Payday Loans , Bad Credit Cash Advance Online Paycheck Advance Services!

So if you feel you need to make a change, refinancing your mortgage may be what you need.  The interest rates are low, there are hundreds of new products, and credit doesn't really seem to matter they will take advantage of you no matter what your credit score is.

Other reasons to refinance your mortgage

Low-Low-Interest Rates

Purchasing a new home

Refinancing your present home

Consolidate all your credit cards in one payment, this will substantially lower your monthly payments and save you a lot of money

Cash out money for vacation, home improvement, buying a new car, etc.

Lower your present interest rate and monthly payments

There are programs for borrowers with excellent credit and income as well as for those borrowers with poor credit and very little income.